john chambers, the chairman and ceo of cisco is standing by, as well. it's a good show today. >> ross, fascinating point there from your guest. >> even i think itself auto good show. >> and i know your expectations are so high, but i love who to hear him point, look, if you're tot going to get paid for 20 years, defer compensation for 20 years. for those of us just joining us, here is a reminder of your headlines. barclay's ceo anthony jen yings tells cnbc the bank is making headway in its transformation. he admits the bank has made mistakes in the past. >> the industry and barclay's got it wrong on occasion. i think we were too aggressive, too short-term focused and we were too self-serving. >>> and chinese factory orders hits a two-year high. apple reported disappointing earnings results raising concerns about its product. and the jobless rate now in frank has dropped to 26%. the french business activity strength more than expected while germany, yes, it continues to steam ahead. >>> last night, the big news, of course, apple's first quarter profits w